At a time and place in the mortgage industry when the bottom line is getting awfully thin, lenders and brokers should remember that there are sources of revenue in the some very
SWF’s apparently have become the next savior for the unprecedented risks taken by financial and mortgage institutions during the last three to five years. With over $4 trillion of investmen
SBMC was not a large lender, funding perhaps $4 Billion in 2007, nor were they an aggressive lender.
Its ironic that critics of Fannie Mae and Freddie Mac wanted the private markets to do more. For many, the private market works just fine. No need to interfere.
Maybe people in the industry are reading my blog!
The fallout from the subprime meltdown was felt by investors as several of the players provided earning guidance.
I've heard plenty of mortgage professionals and commentators say that they've seen many cycles before in the mortgage industry.
The distance between shockwaves from the nonprime meltdown seem to be slowing down.
Good news around the US Mortgage Market is trying very hard to make its way back into the headlines. This week the Fed cut interest rates by 50 bps which set back the bear market fans.
MarketWise Commentary
Week of Ending September 15, 2007